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1995 SESSION

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CHAPTER 566 An Act to amend and reenact § 19.2-353.5 of the Code of Virginia, relating to interest on fines and costs. [H 1894] Approved March 24, 1995

Be it enacted by the General Assembly of Virginia:

1. That § 19.2-353.5 of the Code of Virginia is amended and reenacted as follows:

§ 19.2-353.5. Interest on fines and costs.

No interest shall accrue on any fine or costs imposed in a criminal case or in a case involving a traffic infraction for a period of ninety forty days from the date of the final judgment imposing such fine or costs or during any period the defendant is incarcerated as a result of that case. In no event shall interest accrue in such cases during any period in which a fine, costs, or both a fine and costs are being paid in deferred or installment payments pursuant to an order of the court. However, when the unpaid fine or costs, or both, do not exceed $200, an annual interest charge of $4 per $50 shall be imposed for each year or portion thereof during which interest otherwise accrues pursuant to this section.